What is CBRE revenue?

CBRE Group Inc (CBRE) reported $45.01B of revenue for the twelve months ended Sep 30, 2026. That is up 14.8% from the year before. Revenue for fiscal 2025 was $40.55B.

Yes. CBRE Group Inc earned $1.38B in net income for the twelve months ended Sep 30, 2026, a net margin of 3.1%.

How much cash and debt does CBRE have?

CBRE Group Inc reported $1.68B in cash and cash equivalents and $5.78B of debt on its most recent balance sheet in SEC filings.

How fast is CBRE revenue growing?

CBRE Group Inc's revenue changed +13.4% in fiscal 2025, to $40.55B. Its compound annual growth rate was +11.2% over 5 years and +14.1% over 10 years.

What is CBRE gross margin?

CBRE Group Inc's gross profit was $8.33B on $45.01B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 18.5%.

What is CBRE free cash flow?

CBRE Group Inc generated $938.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.40B less capital expenditures.

What is CBRE earnings per share?

Diluted earnings per share were $4.66 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did CBRE last report financial results?

The latest statements here come from CBRE Group Inc's 10-Q filed on Oct 22, 2026, covering the period ended Sep 30, 2026.

Where does this CBRE financial data come from?

Quantisnow builds these statements from the structured XBRL data CBRE Group Inc files with the SEC. It is provided for information only and is not investment advice.

Financials · CBRE

CBRE Group Inc (CBRE) financials

For the twelve months ended Sep 30, 2026, CBRE Group Inc reported $45.01B of revenue and $1.38B of net income.

Revenue, TTM: $45.01B
Revenue growth, YoY: +14.8%
Net income, TTM: $1.38B
Net income growth, YoY: +12.5%
Net margin: 3.1%
Free cash flow, TTM: $938.00M
EPS, diluted, TTM: $4.66
EPS growth, YoY: +15.1%
Cash: $1.68B
Total debt: $5.78B
P/E: 28.28
P/S: 0.87
Market cap: $39.05B

Annual revenue$40.55B

FY2016FY2025

Annual net income$1.16B

FY2016FY2025

Annual free cash flow$1.19B

FY2016FY2025

CBRE revenue and earnings growth

CBRE revenueQ3 2026$11.52B

Quarter YoY: +12.7%
QoQ: +2.6%
FY YoY: +13.4%
5Y CAGR: +11.2%
10Y CAGR: +14.1%

CBRE revenue was $11.52B in fiscal Q3 2026 (ended Sep 30, 2026), up 12.7% from a year earlier and up 2.6% from the prior quarter. For the full fiscal 2025 it was $40.55B, up 13.4% from fiscal 2024. Compound annual growth was +11.2% over 5 years and +14.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

CBRE net incomeQ3 2026$443.00M

Quarter YoY: +22.0%
QoQ: +117.2%
FY YoY: +19.5%
5Y CAGR: +9.0%
10Y CAGR: +7.8%

CBRE net income was $443.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 22.0% from a year earlier and up 117.2% from the prior quarter. For the full fiscal 2025 it was $1.16B, up 19.5% from fiscal 2024. Compound annual growth was +9.0% over 5 years and +7.8% over 10 years. It rose in 6 of the last 10 fiscal years.

CBRE EPSQ3 2026$1.52

Quarter YoY: +25.6%
QoQ: +120.3%
FY YoY: +22.6%
5Y CAGR: +11.6%
10Y CAGR: +9.0%

CBRE diluted EPS was $1.52 in fiscal Q3 2026 (ended Sep 30, 2026), up 25.6% from a year earlier and up 120.3% from the prior quarter. For the full fiscal 2025 it was $3.85, up 22.6% from fiscal 2024. Compound annual growth was +11.6% over 5 years and +9.0% over 10 years.

CBRE free cash flowQ3 2026$743.00M

Quarter YoY: +0.0%
QoQ: 31x
FY YoY: -14.8%
5Y CAGR: -5.3%
10Y CAGR: +8.8%

CBRE free cash flow was $743.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 0.0% from a year earlier and up about 31-fold from the prior quarter. For the full fiscal 2025 it was $1.19B, down 14.8% from fiscal 2024. Compound annual growth was -5.3% over 5 years and +8.8% over 10 years. It rose in 6 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$40.55B	$35.77B	$31.95B	$30.83B	$27.75B	$23.83B	$23.89B	$21.34B	$18.63B	$17.37B
Cost of revenue	$32.98B	$28.81B	$25.68B	$24.24B	$21.58B	$19.05B	$18.69B	$16.45B	$14.31B	$78.46M
Gross profit	$7.57B	$6.96B	$6.27B	$6.59B	$6.17B	$4.78B	$5.21B	$4.89B	$4.32B	$17.29B
Operating income	$1.75B	$1.41B	$1.12B	$1.51B	$1.64B	$969.76M	$1.26B	$1.09B	$1.08B	$816.83M
Interest expense	-	-	-	-	-	-	-	$107.27M	$136.81M	$144.85M
Pre-tax income	$1.59B	$1.22B	$1.28B	$1.66B	$2.41B	$969.97M	$1.36B	$1.38B	$1.17B	$882.07M
Income tax	$317.00M	$182.00M	$250.00M	$234.00M	$568.00M	$214.10M	$69.89M	$313.06M	$467.76M	$296.90M
Net income	$1.16B	$968.00M	$986.00M	$1.41B	$1.84B	$751.99M	$1.28B	$1.06B	$697.11M	$573.08M
EPS, basic	$3.88	$3.16	$3.20	$4.36	$5.48	$2.24	$3.82	$3.13	$2.06	$1.71
EPS, diluted	$3.85	$3.14	$3.15	$4.29	$5.41	$2.22	$3.77	$3.10	$2.05	$1.69
Diluted shares	300.8M	308.0M	312.6M	327.7M	339.7M	338.4M	340.5M	343.1M	340.8M	338.4M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$1.86B	$1.22B	$1.37B	$1.41B	$2.54B	$2.04B	$1.09B	$863.94M	$751.77M	$831.41M
Receivables	$8.28B	$7.00B	$6.37B	$5.33B	$5.15B	$4.39B	$4.47B	$3.67B	$3.11B	$2.61B
Current assets	$13.49B	$9.97B	$9.67B	$8.53B	$10.08B	$8.85B	$7.53B	$6.75B	$5.63B	$5.12B
Goodwill	$7.05B	$5.62B	$5.13B	$4.87B	$5.00B	$3.82B	$3.75B	$3.65B	$3.25B	$2.98B
Total assets	$30.88B	$24.38B	$22.55B	$20.51B	$22.07B	$18.04B	$16.20B	$13.46B	$11.72B	$10.78B
Current liabilities	$12.32B	$9.29B	$8.24B	$8.24B	$8.42B	$7.14B	$6.44B	$5.80B	$4.71B	$4.53B
Short-term debt	$71.00M	$36.00M	$9.00M	$428.00M	$0	$1.51M	$1.81M	$3.15M	$8.0K	$11.0K
Long-term debt	$5.05B	$3.25B	$2.80B	$1.09B	$1.54B	$1.38B	$1.76B	$1.77B	$2.00B	$2.55B
Total debt	$5.12B	$3.28B	$2.81B	$1.51B	$1.54B	$1.38B	$1.76B	$1.77B	$2.00B	$2.55B
Total liabilities	$21.25B	$15.19B	$13.48B	$11.91B	$12.71B	$10.53B	$9.92B	$8.45B	$7.54B	$7.72B
Shareholders' equity	$8.88B	$9.19B	$9.07B	$8.61B	$9.36B	$7.12B	$6.27B	$5.01B	$4.17B	$3.15B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$1.56B	$1.71B	$480.00M	$1.63B	$2.36B	$1.83B	$1.22B	$1.13B	$894.41M	$616.99M
Capital expenditures	$366.00M	$307.00M	$305.00M	$260.00M	$210.00M	$266.57M	$293.51M	$227.80M	$178.04M	$191.21M
Free cash flow	$1.19B	$1.40B	$175.00M	$1.37B	$2.15B	$1.56B	$929.87M	$903.45M	$716.37M	$425.78M
Investing cash flow	-$1.63B	-$1.51B	-$681.00M	-$832.00M	-$1.28B	-$744.09M	-$721.02M	-$560.68M	-$302.60M	-$150.52M
Financing cash flow	$796.00M	-$221.00M	$154.00M	-$1.77B	-$490.00M	-$222.76M	-$271.95M	-$506.60M	-$627.74M	-$220.68M
Share repurchases	$968.00M	$627.00M	$665.00M	$1.85B	$369.00M	$50.03M	$145.14M	$161.03M	-	-
Stock-based compensation	$120.00M	$146.00M	$96.00M	$160.00M	$185.00M	$60.39M	$127.74M	$128.17M	$93.09M	$63.48M
Depreciation and amortization	$729.00M	$674.00M	$622.00M	$613.00M	$526.00M	$501.73M	$439.22M	$451.99M	$406.11M	$366.93M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	13.4%	12.0%	3.6%	11.1%	16.5%	-0.3%	12.0%	14.6%	7.3%	60.0%
Net income growth, YoY	19.5%	-1.8%	-29.9%	-23.4%	144.3%	-41.4%	20.6%	52.5%	21.6%	4.7%
EPS growth, YoY	22.6%	-0.3%	-26.6%	-20.7%	143.7%	-41.1%	21.6%	51.2%	21.3%	3.7%
Gross margin	18.7%	19.4%	19.6%	21.4%	22.2%	20.1%	21.8%	22.9%	23.2%	99.5%
Operating margin	4.3%	4.0%	3.5%	4.9%	5.9%	4.1%	5.3%	5.1%	5.8%	4.7%
Net margin	2.9%	2.7%	3.1%	4.6%	6.6%	3.2%	5.4%	5.0%	3.7%	3.3%
Free cash flow margin	2.9%	3.9%	0.5%	4.4%	7.8%	6.6%	3.9%	4.2%	3.8%	2.5%
Return on equity	13.0%	10.5%	10.9%	16.3%	19.6%	10.6%	20.4%	21.2%	16.7%	18.2%
Return on assets	3.7%	4.0%	4.4%	6.9%	8.3%	4.2%	7.9%	7.9%	5.9%	5.3%
Current ratio	1.09	1.07	1.17	1.03	1.20	1.24	1.17	1.16	1.19	1.13
Debt to equity	0.58	0.36	0.31	0.18	0.16	0.19	0.28	0.35	0.48	0.81

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$11.52B	$11.23B	$10.53B	$11.74B	$10.22B	$9.72B	$8.88B	$10.40B	$9.04B	$8.39B	$7.93B	$8.95B
Cost of revenue	$9.39B	$9.14B	$8.68B	$9.47B	$8.30B	$7.94B	$7.26B	$8.29B	$7.25B	$6.79B	$6.47B	$7.09B
Gross profit	$2.13B	$2.09B	$1.85B	$2.26B	$1.92B	$1.77B	$1.61B	$2.11B	$1.78B	$1.60B	$1.46B	$1.86B
Operating income	$561.00M	$365.00M	$511.00M	$622.00M	$481.00M	$374.00M	$276.00M	$594.00M	$368.00M	$246.00M	$204.00M	$504.00M
Pre-tax income	$611.00M	$315.00M	$454.00M	$564.00M	$486.00M	$301.00M	$243.00M	$613.00M	$312.00M	$174.00M	$119.00M	$631.00M
Income tax	$131.00M	$68.00M	$112.00M	$114.00M	$90.00M	$61.00M	$52.00M	$112.00M	$67.00M	$32.00M	-$29.00M	$136.00M
Net income	$443.00M	$204.00M	$318.00M	$416.00M	$363.00M	$215.00M	$163.00M	$487.00M	$225.00M	$130.00M	$126.00M	$477.00M
EPS, basic	$1.53	$0.70	$1.08	$1.40	$1.22	$0.72	$0.54	$1.60	$0.73	$0.42	$0.41	$1.55
EPS, diluted	$1.52	$0.69	$1.07	$1.38	$1.21	$0.72	$0.54	$1.58	$0.73	$0.42	$0.41	$1.53
Diluted shares	291.6M	293.9M	297.0M	-	300.3M	300.0M	302.9M	-	308.3M	308.0M	308.5M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$1.68B	$1.49B	$1.66B	$1.86B	$1.81B	$1.53B	$1.51B	$1.22B	$1.16B	$1.03B	$1.13B	$1.37B
Receivables	$9.05B	$8.78B	$8.40B	$8.28B	$7.56B	$7.32B	$6.75B	$7.00B	$6.71B	$6.30B	$6.17B	$6.37B
Current assets	$13.66B	$12.91B	$12.73B	$13.49B	$12.57B	$11.96B	$10.83B	$9.97B	$10.62B	$9.65B	$9.44B	$9.67B
Goodwill	$6.99B	$7.00B	$7.02B	$7.05B	$6.40B	$6.41B	$6.26B	$5.62B	$5.78B	$5.67B	$5.55B	$5.13B
Total assets	$31.33B	$30.47B	$30.17B	$30.88B	$28.57B	$27.69B	$26.37B	$24.38B	$24.84B	$23.46B	$22.96B	$22.55B
Current liabilities	$11.68B	$11.32B	$11.75B	$12.32B	$11.15B	$10.62B	$10.87B	$9.29B	$9.43B	$8.63B	$8.23B	$8.24B
Short-term debt	$69.00M	$69.00M	$70.00M	$71.00M	$71.00M	$71.00M	$666.00M	$36.00M	$38.00M	$28.00M	$19.00M	$9.00M
Long-term debt	$5.71B	$5.73B	$5.02B	$5.05B	$4.32B	$4.34B	$3.21B	$3.25B	$3.28B	$3.27B	$3.28B	$2.80B
Total debt	$5.78B	$5.80B	$5.09B	$5.12B	$4.39B	$4.41B	$3.87B	$3.28B	$3.31B	$3.30B	$3.30B	$2.81B
Total liabilities	$21.85B	$21.30B	$20.86B	$21.25B	$19.27B	$18.70B	$17.36B	$15.19B	$15.29B	$14.27B	$13.87B	$13.48B
Shareholders' equity	$8.67B	$8.72B	$8.86B	$8.88B	$8.88B	$8.59B	$8.63B	$9.19B	$9.56B	$9.19B	$9.10B	$9.07B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$869.00M	$138.00M	-$825.00M	$1.22B	$827.00M	$57.00M	-$546.00M	$1.34B	$573.00M	$287.00M	-$492.00M	$853.00M
Capital expenditures	$126.00M	$114.00M	$81.00M	$144.00M	$84.00M	$74.00M	$64.00M	$93.00M	$79.00M	$67.00M	$68.00M	$94.00M
Free cash flow	$743.00M	$24.00M	-$906.00M	$1.08B	$743.00M	-$17.00M	-$610.00M	$1.25B	$494.00M	$220.00M	-$560.00M	$759.00M
Investing cash flow	-$155.00M	-$273.00M	$64.00M	-$963.00M	-$197.00M	-$5.00M	-$462.00M	-$20.00M	-$187.00M	-$407.00M	-$900.00M	-$144.00M
Financing cash flow	-$549.00M	-$18.00M	$545.00M	-$36.00M	-$328.00M	-$96.00M	$1.26B	-$1.15B	-$315.00M	$50.00M	$1.19B	-$752.00M
Share repurchases	$218.00M	$410.00M	$530.00M	$288.00M	$0	$262.00M	$418.00M	$517.00M	$63.00M	$47.00M	$0	$19.00M
Stock-based compensation	$51.00M	$59.00M	$48.00M	$10.00M	$47.00M	$42.00M	$21.00M	$34.00M	$43.00M	$39.00M	$30.00M	$23.00M
Depreciation and amortization	$184.00M	$190.00M	$182.00M	$297.00M	$145.00M	$145.00M	$142.00M	$177.00M	$178.00M	$161.00M	$158.00M	$157.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	12.7%	15.5%	18.6%	12.8%	13.1%	15.8%	11.8%	16.2%	14.8%	8.7%	7.1%	9.2%
Net income growth, YoY	22.0%	-5.1%	95.1%	-14.6%	61.3%	65.4%	29.4%	2.1%	17.8%	-35.3%	7.7%	490.8%
EPS growth, YoY	25.6%	-4.2%	98.1%	-12.7%	65.8%	71.4%	31.7%	3.3%	19.7%	-34.4%	10.8%	466.7%
Gross margin	18.5%	18.6%	17.6%	19.3%	18.8%	18.3%	18.1%	20.3%	19.7%	19.0%	18.4%	20.8%
Operating margin	4.9%	3.3%	4.9%	5.3%	4.7%	3.8%	3.1%	5.7%	4.1%	2.9%	2.6%	5.6%
Net margin	3.8%	1.8%	3.0%	3.5%	3.6%	2.2%	1.8%	4.7%	2.5%	1.5%	1.6%	5.3%
Free cash flow margin	6.5%	0.2%	-8.6%	9.2%	7.3%	-0.2%	-6.9%	12.0%	5.5%	2.6%	-7.1%	8.5%
Current ratio	1.17	1.14	1.08	1.09	1.13	1.13	1.00	1.07	1.13	1.12	1.15	1.17
Debt to equity	0.67	0.67	0.57	0.58	0.49	0.51	0.45	0.36	0.35	0.36	0.36	0.31

Source: XBRL data CBRE Group Inc files with the SEC, latest filing dated Oct 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CBRE peers

Company	Revenue	Growth	Net income	Net margin	Market cap
CBRE	$45.01B	+14.8%	$1.38B	3.1%	$39.05B
CIGIColliers International Group Inc. Subordinate Voting Shares	$5.56B	+15.3%	$103.10M	1.9%	$4.85B
CWKCushman & Wakefield Ltd.	$11.02B	+10.2%	$69.80M	0.6%	$3.28B
MMIMarcus & Millichap Inc.	$826.70M	+10.0%	$15.12M	1.8%	$1.05B

CBRE FAQ

9 questions

What is CBRE revenue?
CBRE Group Inc (CBRE) reported $45.01B of revenue for the twelve months ended Sep 30, 2026. That is up 14.8% from the year before. Revenue for fiscal 2025 was $40.55B.
Is CBRE profitable?
Yes. CBRE Group Inc earned $1.38B in net income for the twelve months ended Sep 30, 2026, a net margin of 3.1%.
How much cash and debt does CBRE have?
CBRE Group Inc reported $1.68B in cash and cash equivalents and $5.78B of debt on its most recent balance sheet in SEC filings.
How fast is CBRE revenue growing?
CBRE Group Inc's revenue changed +13.4% in fiscal 2025, to $40.55B. Its compound annual growth rate was +11.2% over 5 years and +14.1% over 10 years.
What is CBRE gross margin?
CBRE Group Inc's gross profit was $8.33B on $45.01B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 18.5%.
What is CBRE free cash flow?
CBRE Group Inc generated $938.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.40B less capital expenditures.
What is CBRE earnings per share?
Diluted earnings per share were $4.66 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did CBRE last report financial results?
The latest statements here come from CBRE Group Inc's 10-Q filed on Oct 22, 2026, covering the period ended Sep 30, 2026.
Where does this CBRE financial data come from?
Quantisnow builds these statements from the structured XBRL data CBRE Group Inc files with the SEC. It is provided for information only and is not investment advice.